HomeMy WebLinkAboutDesignating Tax Abatement - Aerolite Industries Inc. 2901 S. Main St. (5 Year Real Property) RESOLUTION
NO. 1484-87
Passed by the Common Council of the City of South Bend, Indiana,
March 23 , 19 87 •
Attest: T " City Clerk
Attest: d4C iii/ . �� , — President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
March 24, 19 87.
City Clerk
Approved and signed by me Marr:h 75 19 87 .
�, � Mayor
RESOLUTION NO. `{ict{-t{'7
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION
DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, COMMONLY
KNOWN AS 2901 S. MAIN TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF REAL PROPERTY TAX ABATEMENT.
WHEREAS, the Common Council of the City of South Bend has adopted a
Declaratory Resolution designating certain areas within the City as
Economic Revitalization Areas for purpose of tax abatement consideration;
and
WHEREAS, a Declaratory Resolution designated the area commonly known
as 2901 S. Main and more particularly described by a line drawn as
follows:
Lots 84 through 96 , both inclusive
Oakside 3rd addition to the City of South Bend
as an Economic Revitalization Area; and
WHEREAS, notice of the adoption of a Declaratory Resolution and the
public hearing before the Council has been published pursuant to Indiana
Code 6-1.1-12 .1-2-5; and
WHEREAS, the Council held a public hearing for the purposes of hearing
all remonstrances and objections from interested persons; and
WHEREAS, the Council has determined that the qualifications for an
economic revitalization area have been met.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
South Bend, Indiana, as follows:
SECTION I. That the Common Council hereby confirms its Declaratory
Resolution designating the area described herein as an Economic
Revitalization Area for the purposes of tax abatement. Such designation
is for real property tax abatement only and is limited to five ( 5 )
calendar years from the date of adoption of the Declaratory Resolution by
the Common Council.
SECTION II . This Resolution shall be in full force and effect from
and after its adoption by the Common Council and approval by the Mayor.
;
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I ENE GAMMON
PRESENTED 3-0? -8'7 CITY CLERK, SO. BEND, IN.
NOT APPROVED
ADOPTED 3 -Q3 -87